$600,000
SOLD MAR 24, 2026
Last list price

23027 Indian Ridge Rd Picayune, MS 39466

10 Beds
7 Baths
9,733 Sq Ft
87,991 Sq Ft Lot

Recently Sold

$62 Per Sq Ft

128 Days on Market

Highlights

  • Porch
  • Shed
  • Central Air
  • Brick Veneer

About This Home

As of March 2026

OWNER/AGENT Investment Opportunity - 10-Unit Multi-Family Property on 2 Acres Rare opportunity to own a well-maintained, income-producing 10-unit multi-family property situated on a spacious 2-acre parcel. This turnkey investment is 100% occupied and boasts strong, consistent cash flow with a reliable management team already in place. Each building on the property has seen significant capital improvements, including new roofs installed within the last five years and individual septic systems for each building replaced in 2022.

Last Agent to Sell the Property

Nick Ray

RE/MAX Results In Real Estate, Inc. License #S50911 Listed on: 09/10/2025

Last Buyer's Agent

Lacey Perniciaro

Coastal Realty Group License #S56914

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,117

Year Built

  • Built in 2006

Lot Details

  • 2.02 Acre Lot

Home Design

  • Duplex
  • Brick Veneer
  • Slab Foundation
  • Asphalt Roof
  • Siding

Interior Spaces

  • 9,733 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • 2 Car Parking Spaces
  • Gravel Driveway
  • Shared Driveway
  • Unpaved Parking

Outdoor Features

  • Shed
  • Porch

Utilities

  • Central Air
  • Septic Tank
  • Cable TV Available

Community Details

  • 10 Units
  • Metes And Bounds Subdivision

Listing and Financial Details

  • The owner pays for grounds care, trash collection, electricity, taxes, water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 036-0-23-038.013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,117

Year Built

Built in 2006

Lot Details

2.02 Acres

Listing Details

  • Unit Levels: Two
  • Prop. Type: Residential Income
  • Structure Type: Duplex
  • Year Built: 2006
  • Lot Size Acres: 2.02
  • Subdivision Name: Metes And Bounds
  • New Construction: No
  • General Property Information:List PriceSqFt: 61.65
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • AtticFeaturesAttic: Yes
  • BasementFeaturesBasement: No
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 10
  • Furnished: No
  • Owner Pays: Grounds Care, Trash Collection, Electricity, Taxes, Water, See Remarks
  • Owner Pays: Grounds Care, Trash Collection, Electricity, Taxes, Water, See Remarks

Exterior Features

  • Disclosures: Agent Owned
  • Roof: Asphalt
  • Patio And Porch Features: Porch
  • WaterfrontFeaturesWaterfront: No
  • Pool Private: No
  • General Property Information:Accessibility Features: No
  • Foundation Details: Slab
  • Other Structures: Shed(s)

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved, Shared Driveway

Utilities

  • Sewer: Septic Tank, See Remarks
  • Water Source: Public
  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Connected

Association/Amenities

  • HorseAmenitiesHorseAmenities: No

Lot Info

  • Parcel #: 036-0-23-038.013
  • Lot Size Sq Ft: 87991.2

Rental Info

  • Tenant Pays: Cable TV, Electricity
  • Lease Term: Month To Month, 12 Months

Tax Info

  • Tax Annual Amount: 6117.16
  • Tax Year: 2025

Multi Family

  • Number Of Units Total: 10

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2026 03/24/26 Sold -- -- --
01/16/2026 01/16/26 Pending -- -- --
09/10/2025 09/10/25 For Sale $600,000 +33.3% $62 / Sq Ft
01/10/2020 01/10/20 Sold -- -- -- View Prior Sale
01/02/2020 01/02/20 Pending -- -- --
09/01/2019 09/01/19 For Sale $450,000 -- $47 / Sq Ft
Source: MLS United

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,535 $59,156 $3,450 $55,706
2024 $6,517 $58,997 $3,291 $55,706
2023 $6,216 $56,270 $3,291 $52,979
2022 $6,207 $56,187 $3,291 $52,896
2021 $6,207 $59,430 $5,691 $53,739
2020 $6,291 $54,950 $5,691 $49,259
2019 $6,279 $54,950 $5,691 $49,259
2018 $6,328 $55,155 $5,691 $49,464
2017 $6,347 $55,155 $5,691 $49,464
2016 $6,347 $55,155 $5,691 $49,464
2015 $5,734 $51,027 $6,060 $44,967
2014 $5,843 $50,989 $6,060 $44,929
2013 $5,657 $50,989 $6,060 $44,929
Source: Public Records

Agents Affiliated with this Home

  • Nick Ray

    Seller's Agent in 2026

    Nick Ray

    RE/MAX

    (228) 547-0087

    14 Total Sales

    Nick Ray
    Section Image
  • Lacey Perniciaro

    Buyer's Agent in 2026

    Lacey Perniciaro

    Coastal Realty Group

    (228) 239-0958

    92 Total Sales

    Lacey Perniciaro
    Section Image

  • M

    Seller's Agent in 2020

    MO LANDRY

    Compass

    (504) 616-4050

    83 Total Sales

    MO LANDRY
    Section Image

  • G

    Buyer's Agent in 2020

    Gaye Leggett

    Compass

See All Agents

Map

Source: MLS United

MLS Number: 4125178

MLS United

APN: 036-0-23-038.013

Mississippi Hancock County Picayune 39466

23027 Indian Ridge Rd, Picayune, MS

Sold

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS United Information is deemed to be reliable but not guaranteed. Copyright 2026 MLS United, LLC.

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